this Week in Real Estate

← this Week in Real Estate29 jul · 1 u 14 min

Housing is a "pretty good" market?? AND Compass makes a MAJOR move!

Housing is a "pretty good" market?? AND Compass makes a MAJOR move!29 jul1 u 14 min

The housing market is "pretty good"—at least according to one of America's largest homebuilders. But pending sales are falling, mortgage rates are pressuring demand, and sellers in markets like Nashville are learning that buyers now have the leverage.

In this live episode of tWiRE, we're looking at a housing market that is not collapsing—but is becoming increasingly divided. Large builders can offer rate buydowns and incentives. Affluent buyers are returning to vacation homes. Everyday buyers have more negotiating power in some cities but are still battling high prices and affordability. Meanwhile, sellers are discovering that their biggest objection may not be agent commissions—it's accepting what today's market will actually pay.

The power structure of real estate is also shifting. Compass International Holdings is backing the American Real Estate Association as an alternative to traditional national representation, NAR is promoting progress on its strategic plan, and MLS associations and brokerages continue combining into larger organizations with more data, technology and influence.

In this live episode, we'll cover:

• Why PulteGroup's CEO says this is a "pretty good" housing market

• Pending home sales hitting a three-month low

• Nashville's dramatic shift toward buyers

• Why accurate pricing is becoming the biggest listing challenge

• Vacation-home demand and the widening divide between buyers

• Compass joining the American Real Estate Association

• NAR's latest strategic progress report

• Brokerage, association and MLS consolidation